Insurance Assist India Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.52 Cr
- Company Age 24 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.33 Cr
- Revenue Growth %
- Profit Growth 224551.48%
- Ebitda -185777.55%
- Net Worth 3761.87%
- Total Assets 19997.19%
About Insurance Assist India
Insurance Assist India Private Limited (IAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 January 2001 and has a history of 24 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.52 Cr.
The company currently has active open charges totaling ₹14.33 Cr.
Kanan Sheth, Prabodh Thakker, Puja Parekh, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66010MH2001PTC130355
- Company No.
130355
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Jan 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Insurance Assist India?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pratik Parekh  | Director | 15-Apr-2019 | Current |
| Prabodh Thakker | Director | 07-Oct-2024 | Current |
| Kanan Sheth | Director | 14-Feb-2024 | Current |
Puja Parekh  | Director | 11-Sep-2024 | Current |
Financial Performance of Insurance Assist India.
Insurance Assist India Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 224551.48% increase in profit. The company's net worth Soared by an impressive increase of 3761.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Insurance Assist India?
In 2023, Insurance Assist India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vexxa Lifesciences Private LimitedKanan Sheth is a mutual person
- Global Services (C & F ) Private Limited
Prabodh Thakker and Puja Parekh are mutual person
- Global Insurance And Investment Services Private Limited
Prabodh Thakker and Puja Parekh are mutual person
- Global Claims Management Private Limited
Prabodh Thakker is a mutual person
- Global Skill And Knowledge Centre
Prabodh Thakker is a mutual person
- Global Health Services Private Limited
Puja Parekh and Pratik Parekh are mutual person
Charges (Loans)
Open Charges
₹14.33 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 14.33 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2023 | Others | ₹14.33 Cr | Open |
How Many Employees Work at Insurance Assist India?
Unlock and access historical data on people associated with Insurance Assist India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Insurance Assist India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Insurance Assist India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Insurance Assist India
Recent activity within the organization
- Director Appointment
Prabodh Bhagwandas Thakker was appointed as a Director was appointed as a Director on 07 Oct 2024 & has been associated with this company since 5 months 20 days .
- Annual General Meeting
Insurance Assist India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Puja Pratik Parekh was appointed as a Director was appointed as a Director on 11 Sep 2024 & has been associated with this company since 6 months 16 days .
- Balance Sheet
Insurance Assist India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Kanan Chetan Sheth was appointed as a Director was appointed as a Director on 14 Feb 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge with Others amounted to Rs. 14.33 Cr with Charge ID 100792837 was registered on 15 Sep 2023.
Recent News, Updates & Announcement
- Global Insurance buys Aon's 26% stake in JV.
The joint venture, which started in 2001, saw Aon investing Rs 62 lakh for 26 per cent at par in the JV..
Frequently asked questions
What is the Incorporation or founding date of Insurance Assist India Private Limited?
Insurance Assist India Private Limited was incorporated on 09 Jan 2001.
What is authorized share capital and paid-up capital of Insurance Assist India Private Limited?
The authorized share capital of Insurance Assist India Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.52 Cr.
Who are the current board members & directors of Insurance Assist India Private Limited?
Currently 4 directors are associated with Insurance Assist India Private Limited.
- Kanan Chetan Sheth
- Prabodh Bhagwandas Thakker
- Puja Pratik Parekh
- Pratik Bhaskar Parekh
What is the registered address of Insurance Assist India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Insurance Assist India Private Limited is Gresham Assurance House4Th Floor Sir Phirozshah Mehta Road India, Mumbai, Maharashtra, 400001.
What is the corporate identification number (CIN) and company number of Insurance Assist India Private Limited?
The corporate identification number (CIN) of Insurance Assist India Private Limited is U66010MH2001PTC130355 and the company number is 130355 as per Ministry of Corporate Affairs (MCA).
What is the official website of Insurance Assist India Private Limited?
The Official website of Insurance Assist India Private Limited is https://www.globalinsurance.co.in
What change has been observed in the net worth of Insurance Assist India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Insurance Assist India Private Limited has experienced an upsurge of 3761.87%.
What are the total open charges for Insurance Assist India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Insurance Assist India Private Limited amount to ₹ 14.33 Cr.
When was the last Balance Sheet of Insurance Assist India Private Limited filed with the ROC?
The most recent Balance Sheet for Insurance Assist India Private Limited was filed with the ROC on 31 Mar 2024.
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